ERIE Form 4: Director adds 13.881 deferred share credits
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company: A director reported acquiring 13.881 Directors' Deferred Compensation share credits on October 21, 2025 (transaction code J under dividend reinvestment) at a reference price of $325.89.
After the transactions, derivative share credits beneficially owned were 3,209.483. Non-derivative Class A common stock holdings were 17,433.246 directly and 2,462.602 indirectly by children; the report states the director disclaims beneficial ownership of the children’s shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
CONNELL EUGENE C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 13.881 | $325.89 | $5K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 3,209.483 shares (Direct);
Class A Common Stock — 2,462.602 shares (Indirect, By Children);
Class A Common Stock — 17,433.246 shares (Direct)
Footnotes (1)
- Shares held by Reporting Person's children living in his household. The Reporting Person disclaims beneficial ownership of these reported securities, therefore this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.
FAQ
What did ERIE's director report on Form 4?
Acquisition of 13.881 Directors' Deferred Compensation share credits on October 21, 2025, coded J for dividend reinvestment.
What are the director’s Class A common stock holdings after the filing?
Direct holdings were 17,433.246 shares; indirect holdings were 2,462.602 shares by children.
What does transaction code J indicate here?
It indicates acquisition under dividend reinvestment for the Directors' Deferred Compensation Plan, as described in the filing notes.